Mansi Finance (Chennai) Ltd's Stock Hits 52-Week High, Outperforms Sector and Sensex

Apr 16 2024 09:35 AM IST
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Mansi Finance (Chennai) Ltd, a microcap finance company, reached a 52-week high on April 16, 2024, with its stock price currently at Rs.63.5. The stock has been performing well, outperforming the sector by 1.23% and showing consecutive gains for the past 2 days. It is currently trading above its moving averages, indicating a positive trend. In the past year, the company has shown a strong performance with a 48.02% increase in its stock price, showcasing its potential for growth and ability to outperform the market.

Mansi Finance (Chennai) Ltd, a microcap finance company based in Chennai, saw its stock price reach a 52-week high on April 16, 2024. The stock has been performing well in the market, with a 'Sell' call by MarketsMOJO.

As of today, the stock has hit a new high of Rs.63.5, outperforming the sector by 1.23%. It has also shown a consecutive gain for the past 2 days, with a 5.83% increase in returns during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Mansi Finance (Chennai) Ltd has shown a strong performance with a 48.02% increase in its stock price, while the Sensex has only seen a 20.93% growth. This showcases the company's potential for growth and its ability to outperform the market.

Mansi Finance (Chennai) Ltd operates in the finance and NBFC industry, catering to the needs of microcap businesses. With its strong performance and positive market outlook, the company is poised for further growth in the future. Investors can keep an eye on this stock for potential opportunities.
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